Figure 18.2.1
-Refer to Figure 18.2.1 above. In which of the following instances does the reduction in the level of emissions outweigh the harm done from emissions?
A) When the level of emissions is 6 units
B) When the level of emissions is 12 units
C) When the level of emissions is 18 units
D) In all of the cases above

Question

Figure 18.2.1
-Refer to Figure 18.2.1 above. In which of the following instances does the reduction in the level of emissions outweigh the harm done from emissions?
A) When the level of emissions is 6 units 
B) When the level of emissions is 12 units 
C) When the level of emissions is 18 units 
D) In all of the cases above

Quizplus · Accepted Answer

At 6 units of emissions, the reduction in emissions outweighs the harm done, as typically represented in environmental economics models where marginal abatement costs are lower than marginal damages at lower levels of pollution.

Figure 18.2.1 -Refer to Figure 18.2.1 Above. in Which of the Following